
About Mercantile Logistics Private Limited
Data last updated:
Mercantile Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the carrying and forwarding agents (cfa) segment of the transport and logistics sector. It was incorporated on 30 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U61200TN2010PTC075186. Its GSTIN is 27AAGCM5809A2ZO (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajendra Tarlochan Kalsi and Yash Sanjaya Mehrotra.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Old No. 225 New No. 192 Linghi Chetty Street, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.61 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹83,968 (net margin 7.9%) and EBITDA of ₹90,509 (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 23% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mercantile-logistics-pvt-ltd.business.site.
Company details
Contact details
Mercantile Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mercantile-logistics-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No. 225 New No. 192 Linghi Chetty Street, Chennai, Tamil Nadu, India – 600001
- IndustryTransport and Logistics, Carrying & Forwarding Agents (CFA)
To see the full contact details of Mercantile Logistics Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mercantile Logistics is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mercantile Logistics Private Limited, buy the company report.
Financials of Mercantile Logistics Private Limited
FY 2020 filings availableMercantile Logistics Private Limited reported revenue of ₹10.61 Lakh (down 48% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 48% fall in the latest year. EBITDA fell 63% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹90,509 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83,968 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 7.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mercantile Logistics Private Limited, buy the company report.
Board of directors of Mercantile Logistics Private Limited
Mercantile Logistics has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Tarlochan Kalsi | Director | 30 Mar 2010 | 16 Years 7 Months | Current |
| Yash Sanjaya Mehrotra Also directs: Non-Woven Packaging Private Limited | Director | 12 Nov 2020 | 5 Years 11 Months | Current |
| Arunachalam Shanmuganathan Also directs: Shanraj Investment Private Limited | Director | 30 Mar 2010 | 16 Years 7 Months | Current |
| Namrata Kalsi | Director | 30 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Mercantile Logistics Private Limited is audited by S S GURAV AND ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S GURAV AND ASSOCIATES | FY 2016 | 120292W |
Shareholding
The shareholding of Mercantile Logistics Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mercantile Logistics Private Limited, buy the company report.
Legal cases
Mercantile Logistics Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Mercantile Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mercantile Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mercantile Logistics has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM5809A2ZO | Maharashtra | Active | 05 Aug 2018 |
To see the full GST registrations and return filing status of Mercantile Logistics Private Limited, buy the company report.
Recent activity
Mercantile Logistics Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Yash Sanjaya Mehrotra was appointed as Director on 12 Nov 2020.
Frequently asked questions
Mercantile Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in carrying and forwarding agents (cfa), within the transport and logistics industry. It was incorporated on 30 March 2010 (16+ years old) and is registered under CIN U61200TN2010PTC075186.
Mercantile Logistics has 4 current directors:
- Rajendra Tarlochan Kalsi - Director
- Yash Sanjaya Mehrotra - Director
- Arunachalam Shanmuganathan - Director
- Namrata Kalsi - Director
The latest financial statements of Mercantile Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Mercantile Logistics is 27AAGCM5809A2ZO, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mercantile Logistics is U61200TN2010PTC075186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercantile Logistics has 1 court case on record: 1 filed against it. 1 is pending.
Mercantile Logistics was incorporated on 30 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Yash Sanjaya Mehrotra was appointed as Director on 12 Nov 2020. Arunachalam Shanmuganathan was appointed as Director on 30 Mar 2010. Namrata Kalsi was appointed as Director on 30 Mar 2010. Mercantile Logistics has 4 board changes on record in total.
Mercantile Logistics can be reached through the website mercantile-logistics-pvt-ltd.business.site. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mercantile Logistics is at Old No. 225 New No. 192 Linghi Chetty Street, Chennai, Tamil Nadu, India – 600001.

